Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
@Fidelio, who doesn't ;).
It's been long enough since we actually saw some substantial gain on this, it's over due. It would be great to have official comms confirmation on the deeps acid being successful and what the next steps are.
I sincerely hope they don’t. After investing so much time and money into this thing, it would be nice to actually see it make a return. I’ve averaged down to the point where my average is almost near the cost price as advertised.
We just need to master one deep. I’m hopeful that we’ll get promising results on the acid work and production from the shallows will be enough to keep the lights on and cover most of the overheads without the need for further placings.
Should the acid treatment not prove to be fruitful I’ll be reconsidering my position
The only way to drive the price much lower that it is now, would be for the Orazimans to sell a sizeable stake. Seen as that's not currently evident your point isn't really valid.
The point I was making, is that if it was decided for CASP to delist from AIM, which is highly implausible, the majority stakeholders will feel the brunt just as much as the small fish such as ourselves.
Review of Majority Shareholders
Aibek Oraziman 354,210,643 18.8
Aidana Oraziman 354,210,642 18.8
Rafik Oraziman 57,369,124 3.1
Kuat Oraziman 41,485,330 2.2
Oraziman family total 807,275,739 44.25 (Current market value £21,392,807.08 @ 2.65pps)
Dae Han New Pharm Limited 224,830,964 13.5
Kairat Satylganov 221,625,001 11.8
Raushan Sagdievya 66,425,290 3.5
Total No. of Shares in issue 1,882,660,885
There's been some discussion about agendas by Orazimans and the game they're playing.
To be brutally honest, if you're playing a game in AIM you wouldn't keep taking shares. If they take this private they lose out just like the rest of us. It's the only fact that's keeping me sane.
Kuat wouldn't have shared his majority stake amongst his family if he was expecting it to amount to nothing.
At the end of the day, they have the most to lose.
Despite my scepticism and frustration growing from lack of good news, today I'm on the opposite side of the seesaw and optimistic that good news is on the horizon. They just need to crack one of the deeps, say goodbye to the single digits and and onward and upwards towards the pound party.
Based on the latest RNS, I would have chucked everything into this including the kitchen sink, but the trust just isn't there anymore. I hope one day soon we'll see the 10p broken and promising results on 4 deeps. Enjoy the sun, stay safe!